44
44
Dec 12, 2012
12/12
by
CNBC
quote
eye 44
favorite 0
quote 1
>> let's send it over to brian shactman. brian? >> harley-davidson, hog, positive mentions at citi, saying the checks in october didn't have negative impacts from hurricane sandy. in fact, their sales could be double digits to the upside for that month. the stock up about 25% year-to-date. melissa, back to you. >> thank you very much, brian. coming up next, former chair of the economic advisers. glen hubbard joins us from new york city. hear why he says the fiscal cliff debate may not be about economics. >> the former governor of michigan will be here with his latest read on ceo sentiment. and how he feels about michigan now becoming a right-to-work state. more from the street when we come back. [ male announcer ] this is steve.
>> let's send it over to brian shactman. brian? >> harley-davidson, hog, positive mentions at citi, saying the checks in october didn't have negative impacts from hurricane sandy. in fact, their sales could be double digits to the upside for that month. the stock up about 25% year-to-date. melissa, back to you. >> thank you very much, brian. coming up next, former chair of the economic advisers. glen hubbard joins us from new york city. hear why he says the fiscal cliff debate...
65
65
Dec 10, 2012
12/12
by
CNBC
quote
eye 65
favorite 0
quote 1
., all day long, of course, becky, jim cramer, brian sullivan, maria will be holding lawmakers' feet to the fire in direct interviews about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. earlier on "squawk box," erskine bowles, the co-founder of the fix the debt campaign, co-chair of fiscal responsibility and reform was asked about the progress he thinks both sides were making. >> i think the atmospherics are getting so much better. we've kind of gotten out of the ka kooky theater and gone to dancing the tango with those two guys. any time you start to tango you got a chance. >> joining us this morning from newton, mass, greg manke, economic adviser to the romney campaign, former chair of economic advisers under george w. bush now an economics prof s professor at harvard and ron johnson, director at the institute for new economic thinking and a senior fellow at the roosevelt institute. skwre, good to have you both
., all day long, of course, becky, jim cramer, brian sullivan, maria will be holding lawmakers' feet to the fire in direct interviews about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. earlier on "squawk box," erskine bowles, the co-founder of the fix the debt campaign, co-chair of fiscal responsibility and reform was asked about the progress he thinks both sides were making. >> i think the atmospherics are...
30
30
Dec 27, 2012
12/12
by
CNBC
quote
eye 30
favorite 0
quote 1
welcome back, i'm brian sullivan, the market flash. dpz, domino's pizza, another all-time high for this name, oppenheimer out making positive comments on domino's pizza saying they see eps expansion through higher sales both here and abroad. we know the international story has been very strong as well. they like some of the technological and productivity innovations of dp. >> and raising their price target, domino's pizza continues its nice run that stock up more than 1%. back to you, simon. >>> meanwhile, of course a major storm hitting the east coast and affecting travel across the region. we will update own the storm's latest track after the break. >>> and still ahead hurricane the dollar has had a phenomenal run against the yen over the last three months. cot fiscal cliff derail the green back's rally? we are back in two. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes
welcome back, i'm brian sullivan, the market flash. dpz, domino's pizza, another all-time high for this name, oppenheimer out making positive comments on domino's pizza saying they see eps expansion through higher sales both here and abroad. we know the international story has been very strong as well. they like some of the technological and productivity innovations of dp. >> and raising their price target, domino's pizza continues its nice run that stock up more than 1%. back to you,...
167
167
Dec 6, 2012
12/12
by
CNBC
tv
eye 167
favorite 0
quote 0
it will be with brian williams at rock center. he said whatever you do, don't go through the -- do you think that tim cook might be little bit too imaginative do you know the road with too much to play with, with the possibility of launching apple tv, when we still don't know bha quite what it might be? >> i think he's a very disciplined an rational ceo. i don't think he's going to do crazy we'lls. i think he's going to stick to the basic premise of apple. we make the greatest products in the world. that's what we're focussed on. and that is the culture of apple and that will continue and that is what will make apple great. >> guys we're going to leave it there, katy stockton and brian white, thank you. tim cook being interviewed by brian williams, that is tonight on nbc's rock center. 10:00 p.m. on your local nbc station. >>> meantime, house speaker boehner and president obama speaking on the phone last night about the fiscal cliff. there still seems to be a freeze in the negotiation. >> there's nothing going on privately that's
it will be with brian williams at rock center. he said whatever you do, don't go through the -- do you think that tim cook might be little bit too imaginative do you know the road with too much to play with, with the possibility of launching apple tv, when we still don't know bha quite what it might be? >> i think he's a very disciplined an rational ceo. i don't think he's going to do crazy we'lls. i think he's going to stick to the basic premise of apple. we make the greatest products in...
33
33
Dec 4, 2012
12/12
by
CNBC
quote
eye 33
favorite 0
quote 1
let's send it back to brian sullivan. >> you have done extensive reporting on this space. metro pcs shares are down because of a report out of reuters. people familiar with the situation are saying that sprint is unlikely to make a counterbid to buy metropcs. they agreed to be bought by deutsche telecom and according to the report there's concerns that if sprint were to also go after metropcs, it would complicate the regulatory review of its pending deal with softbank. the bottom line is if you are hoping for counterbid for metropcs, reuters says that's unlikely. david, i'm sure you have views on this. >> in fairness -- >> cnbc said it many times after the deal. >> just reporting why the stock is down today. >> it's interesting. its stock did move up.
let's send it back to brian sullivan. >> you have done extensive reporting on this space. metro pcs shares are down because of a report out of reuters. people familiar with the situation are saying that sprint is unlikely to make a counterbid to buy metropcs. they agreed to be bought by deutsche telecom and according to the report there's concerns that if sprint were to also go after metropcs, it would complicate the regulatory review of its pending deal with softbank. the bottom line is...
32
32
Dec 24, 2012
12/12
by
CNBC
quote
eye 32
favorite 0
quote 1
. >> brian shactman, thank you. as congressional leaders still struggle to reach a deal ahead of the fiscal cliff, let's look at how the municipal bond sector could be affected. chris, great to see you. >> great to see you. thank you. >> there are a lot of investors who are absolutely panicked over this. what is the best case scenario in terms of the tax-exempt status for municipal bonds? >> i think it's a virtual certainty you'll get some type of tax change from congress. the question is, what kind of changes are they going to make. that has the market concerned to the extreme. you've got to have some kind of certainty in terms of the tax regime in order to have a functioning, efficient marketplace. >> sure. go ahead. >> at the moment, the theory is that the most likely change is going to be the one that emanates from the president's 2013 budget document, which would place a 28% cap on deductions and exclusions, which would include, of course, municipal bonds, taxes and interest.
. >> brian shactman, thank you. as congressional leaders still struggle to reach a deal ahead of the fiscal cliff, let's look at how the municipal bond sector could be affected. chris, great to see you. >> great to see you. thank you. >> there are a lot of investors who are absolutely panicked over this. what is the best case scenario in terms of the tax-exempt status for municipal bonds? >> i think it's a virtual certainty you'll get some type of tax change from...
32
32
Dec 19, 2012
12/12
by
CNBC
quote
eye 32
favorite 0
quote 1
thank you very much, brian sullivan. breaking news on crude oil inventories after a gain of 2.5% in the last five days. will the data push us even higher? >> also ahead, manolos for christmas? we're going to sit down live with the president and vice president of the famed shoemaker to talk about luxury spending for the holidays. [ male announ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... try running four.ning a restaurant is hard, fortunately we've got ink.
thank you very much, brian sullivan. breaking news on crude oil inventories after a gain of 2.5% in the last five days. will the data push us even higher? >> also ahead, manolos for christmas? we're going to sit down live with the president and vice president of the famed shoemaker to talk about luxury spending for the holidays. [ male announ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when...
178
178
Dec 28, 2012
12/12
by
CNBC
quote
eye 178
favorite 0
quote 1
. >> brian sullivan, thanks. >>> it is one of the industries most sensitive to the fiscal cliff negotiations, we're talking about defense. what is ahead for the industry in 2013. we've got predictions. plus, how to play the defense stocks going into the new year. . and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage works, how much you qualify for, the ways to receive your money, and more. plus, when you call now, you'll get this magnifier with l.e.d. light absolutely free. when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home.
. >> brian sullivan, thanks. >>> it is one of the industries most sensitive to the fiscal cliff negotiations, we're talking about defense. what is ahead for the industry in 2013. we've got predictions. plus, how to play the defense stocks going into the new year. . and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no...
248
248
Dec 4, 2012
12/12
by
CNBC
tv
eye 248
favorite 0
quote 1
i promise. >> thanks, brian. brian sullivan back at hq. >>> inc magazine naming its cop of the year. we'll talk to the ceo here at post 9 later on. >> and subaru making plans to expand in the u.s. we'll tell you how to play it with chief executive operating officer tom doll. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading f
i promise. >> thanks, brian. brian sullivan back at hq. >>> inc magazine naming its cop of the year. we'll talk to the ceo here at post 9 later on. >> and subaru making plans to expand in the u.s. we'll tell you how to play it with chief executive operating officer tom doll. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building...
279
279
Dec 28, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 1
brian? >> simon, some pending home sales came in high. in fact, the highest level in two and a half years. but look at that board, four out of the five home builders i'm showing you are actually down right now. this could be an interesting indication that the market has already predicted or priced in some of these gains in pending home sales, right? the number is not moving these stocks. many of these names, guys, as you know, have doubled or even, in fact, hovnanian is up about 380%. if you're looking for pending home sales numbers to move these stocks, you may keep waiting, because they're not this morning. >> thank you very much, brian. for sure we know that active users on facebook's instagram service have plunged in the weeks since it decade a major u turn on its threat to sell user's photos? is it a wake-up call to facebook, google, and twitter. and if so, is that wake-up call for users of services or for their shareholders? that's next. ask you to power down your little word game. i think your friends will understand. oh no, it's a
brian? >> simon, some pending home sales came in high. in fact, the highest level in two and a half years. but look at that board, four out of the five home builders i'm showing you are actually down right now. this could be an interesting indication that the market has already predicted or priced in some of these gains in pending home sales, right? the number is not moving these stocks. many of these names, guys, as you know, have doubled or even, in fact, hovnanian is up about 380%. if...
190
190
Dec 20, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
head to brian sullivan for a quick market flash. brian? >> driving you was the pun that maybe gave the clue to car max, kmx. that stock is higher, more people buying new and used cars. sales continue to rise. pricing also getting better. although average used car prices were about the same as last quarter, things keep ticking up. this is the third year of revenue growth for karma and that stock is at an all-time high, backs to the ipo in 1997. guys, do you know who car max used to be a part of? who were they a subsidiary of since from 1997 circuit city. >> i don't remember. >> oh, that's right. >> hard to believe, car max is still around, too. >> yeah. all right. brian, thanks for that. love trivia, too. >>> it was once the world's most hated currency, now looks like perhaps it is the most loved. the euro ticking higher again today, hitting an eight-month high. so how much more can it run? let's hit "money in motion"? editor and chief of the bush update newsletter, andy, good to see you. >> thanks for having me on. >> are we still range-bo
head to brian sullivan for a quick market flash. brian? >> driving you was the pun that maybe gave the clue to car max, kmx. that stock is higher, more people buying new and used cars. sales continue to rise. pricing also getting better. although average used car prices were about the same as last quarter, things keep ticking up. this is the third year of revenue growth for karma and that stock is at an all-time high, backs to the ipo in 1997. guys, do you know who car max used to be a...
151
151
Dec 26, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
and macy's, according to brian riley. he said more people are using the entire gift card, reducing ha he calls spillage, the unused amount. it used to be 10% of the gift card was left unused. he said that's now reduced to 2% which is a $6 billion difference. he also says, a store brand card like nordstrom's compared to visa, mastercard or bank card, those credit card and bank cards, if they're stolen, you have no fraud protection against them. he said if you get them, spend them right away. my son immediately uploaded his visa to his amazon account, so it has protection. >> jane, thanks for that. so much to think about, even as you're returning and using cards in this environment. thanks so much. jane wells. when we come back, find out how the fiscal cliff is affecting the euro's move higher. here's one corporate executive's view of the fiscal cliff. >> i'm the president and ceo and owner of canon safe. the fiscal cliff is going to impact me as a business owner. it makes me uncertain. it makes me wonder, should i expand?
and macy's, according to brian riley. he said more people are using the entire gift card, reducing ha he calls spillage, the unused amount. it used to be 10% of the gift card was left unused. he said that's now reduced to 2% which is a $6 billion difference. he also says, a store brand card like nordstrom's compared to visa, mastercard or bank card, those credit card and bank cards, if they're stolen, you have no fraud protection against them. he said if you get them, spend them right away. my...
233
233
Dec 17, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
brian's not moving. >> no, he's not. katie in her firing of apple as well. >> what was her qualcomm target? remember, my friend, henry had some high-priced targets. they were realized on amazon. that turned out to be one of the great stocks ever. i caution people if you're an analyst, you feel really pressured by the stock. by the stock to be negative. you feel like you've got to find some way to distance myself from apple. their doctor probably had it. but not to be too facetious about it, it's an overowned stock and getting overhanded as it goes down. let's see when the people with big profits are done taking profits. in 2013 you don't want to take a profit necessarily, because you'll have to pay higher taxes. >> speaker boehner offering $1 trillion in revenue enhancements, including higher tax rates on top earners. but spending cuts as well from the white house in return, the one-for-one ratio we talked so much about. the one year lift in the debt limit which could be another talking point. but harwood this morning on
brian's not moving. >> no, he's not. katie in her firing of apple as well. >> what was her qualcomm target? remember, my friend, henry had some high-priced targets. they were realized on amazon. that turned out to be one of the great stocks ever. i caution people if you're an analyst, you feel really pressured by the stock. by the stock to be negative. you feel like you've got to find some way to distance myself from apple. their doctor probably had it. but not to be too facetious...
301
301
Dec 24, 2012
12/12
by
CNBC
tv
eye 301
favorite 0
quote 1
brian shactman has more. >> some calling it the container cliff. negotiations broke down late last week. that could be bad news from massachusetts to texas. if there's no deal, several thousand dock workers could walk off the job at 15 ports at 12:01 a.m. on december 30th. this includes the port of new york and new jersey, which is the largest on the east coast, handling more than $200 billion worth of goods in 2011. a lot of that from china. the basic issue is this. there are container royalty fees which supplement wages. the employers want the amount capped. the dock workers do not. this is such a big deal florida governor rick scott sent a three-page letter to the president late last week urging him to intervene, quote, the predicted effects of a strike on the state of florida would be devastating. it currently generated 550 direct and indirect jobs in florida and contributes approximately $66 billion in economic value to florida's economy. governor scott invoked the taft-hartley act that says the president can intervene with labor disputes that
brian shactman has more. >> some calling it the container cliff. negotiations broke down late last week. that could be bad news from massachusetts to texas. if there's no deal, several thousand dock workers could walk off the job at 15 ports at 12:01 a.m. on december 30th. this includes the port of new york and new jersey, which is the largest on the east coast, handling more than $200 billion worth of goods in 2011. a lot of that from china. the basic issue is this. there are container...
199
199
Dec 18, 2012
12/12
by
CNBC
tv
eye 199
favorite 0
quote 0
brian? >> baker hughes, the stock is actually higher despite the fact that it cut its outlook for sales and margins. perhaps analysts were expecting worst. remember, they warned as well, morgan stanley downgraded the stock this morning. however, the target for morgan stanley remains at 50 bucks. bhi was at 50 bucks a share a couple of weeks ago. baker hughes -- i guess the idea is that people thought they might cut but they did, just not as bad. a big problem for the drillers is despite all of the fracking optimism, they can't find workers. it's hard to get the workers and equipment where they need to be fast enough. sometimes there are manpower sho shortages. >> one of the man bites dog stories. that's for sure, brian. thanks. >> you've heard from house speaker boehner that we may be inching closer to a deal. but from europe to asia and beyond, how is the world shaping up for 2013? joining us is henry mcvay from kkr. henry, it's good to have you back. you've been to china a lot in recent we
brian? >> baker hughes, the stock is actually higher despite the fact that it cut its outlook for sales and margins. perhaps analysts were expecting worst. remember, they warned as well, morgan stanley downgraded the stock this morning. however, the target for morgan stanley remains at 50 bucks. bhi was at 50 bucks a share a couple of weeks ago. baker hughes -- i guess the idea is that people thought they might cut but they did, just not as bad. a big problem for the drillers is despite...
166
166
Dec 14, 2012
12/12
by
CNBC
tv
eye 166
favorite 0
quote 0
with brian moynihan in washington. laying out a frimwork where mortgage deduction is not hurt, or not taken away, not limited by any means by capitol hill. >> there's a lot of worries about the interest margin for all the banks. the banks did well. it's an inexpensive stock. >> and monster run the past year 689 monster run. >> huge run. countrywide did not. ever since buffett -- buffett is a brilliant investor. warren buffett got that preferred. called the bottom on the bank of america. >> dow sitting on a four-point gain. apple not that far away from the november lows of 505. last check at 514. here's what's next on "squawk on the street." >> coming up, before you start taking off your friday trades, listen to what cramer says. don't worry, it will only take a minute. 6 stocks in 60 minutes, "squawk on the street" will be right back. with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at
with brian moynihan in washington. laying out a frimwork where mortgage deduction is not hurt, or not taken away, not limited by any means by capitol hill. >> there's a lot of worries about the interest margin for all the banks. the banks did well. it's an inexpensive stock. >> and monster run the past year 689 monster run. >> huge run. countrywide did not. ever since buffett -- buffett is a brilliant investor. warren buffett got that preferred. called the bottom on the bank...
286
286
Dec 10, 2012
12/12
by
CNBC
tv
eye 286
favorite 0
quote 1
brian marshall, and mark newton. guys, good to see you. mark, i'll start off with you. we were discussing before the death cross and maybe lack of importance with the death cross. walk us through why you think it may be too much hype? >> it's been inconclusive over the years. this has happened five times with apple since 2001. the last time in 2008 was occurring at the lows of the stock. in 2008, a lot of stocks made death crosses in the fall of that year. so it's important to utilize a lot of other indicators besides just looking at the 50 and 200 moving day average. i think the stock is getting down to levels that are important. >> to be clear, though, september 2008 was one of those instances of the death cross. >> yes. >> but one month afterwards the stock was down 27%. even though the second death cross was a predictor of a market turn, you got your face ripped off in the stock in the meantime. >> stocks actually go down about a week after the death cross happens, and a month after the tune of about 2% on a one week basis and almost 3.5%. if you look at the three m
brian marshall, and mark newton. guys, good to see you. mark, i'll start off with you. we were discussing before the death cross and maybe lack of importance with the death cross. walk us through why you think it may be too much hype? >> it's been inconclusive over the years. this has happened five times with apple since 2001. the last time in 2008 was occurring at the lows of the stock. in 2008, a lot of stocks made death crosses in the fall of that year. so it's important to utilize a...
142
142
Dec 5, 2012
12/12
by
CNBC
tv
eye 142
favorite 0
quote 0
let's bring in brian westbury. brian, always great to see you. >> melissa, great to be with you. >> what are you expecting from friday's report and will it be a decent read even on the economy given sandy? >> yeah. adp today coming in at 118 helped us raise our forecast from 60,000 private sector jobs to 75,000. and sandy is the big culprit here. uncertainty in some business investment slowdown. bottom line is today's report helped us raise our forecast. we're looking for a better number on friday. >> the cliff is most people's focus at this point. we've seen some impact of the cliff on hiring but in terms of whether or not it goes into january, how much does that impact the budgets for next year on the part of corporations in your view? we heard moynihan say it will impact because people are get together the budgets at the beginning of the year for the following. >> it has already impacted us. no doubt about it. we had 12 quarters in a row of increases in business investment and then in q-3 we had a dip. we may ha
let's bring in brian westbury. brian, always great to see you. >> melissa, great to be with you. >> what are you expecting from friday's report and will it be a decent read even on the economy given sandy? >> yeah. adp today coming in at 118 helped us raise our forecast from 60,000 private sector jobs to 75,000. and sandy is the big culprit here. uncertainty in some business investment slowdown. bottom line is today's report helped us raise our forecast. we're looking for a...
179
179
Dec 13, 2012
12/12
by
CNBC
tv
eye 179
favorite 0
quote 0
brian, i will start off with you in terms of lockup impact is there one anymore? have we gotten past that? >> i think we have gotten past that. the stock handled a couple million shares some days, going up those days. even if everyone sold, which suspect going to happen, it wouldn't be an issue. >> victor is it you are surprising to you in terms of the stock's run in a short period of time, what is the primary catalyst for that? >> i wasn't surprised, i was surprised by the lack of expe ex-expiration, it was priced into the stock. >> the mobilization, mobile 14%, advertising revenues, the third quarter, that came far ahead of my expectations, far ahead of the bearish ex-smekations as well. that was a key for the stock's move, the lockups past us, several different catalysts in 2013, instagram, addition to the s & p 500, launch of engine, a lot of bright things ahead for facebook, should be wearing shades. >> $36 is the price target. you believe it could climb by 30% from where we are now, victor? i enjoyed your note, of the four reasons you are bullish, pick out t
brian, i will start off with you in terms of lockup impact is there one anymore? have we gotten past that? >> i think we have gotten past that. the stock handled a couple million shares some days, going up those days. even if everyone sold, which suspect going to happen, it wouldn't be an issue. >> victor is it you are surprising to you in terms of the stock's run in a short period of time, what is the primary catalyst for that? >> i wasn't surprised, i was surprised by the...
220
220
Dec 31, 2012
12/12
by
CNBC
tv
eye 220
favorite 0
quote 0
brian white has been told by contacts that the mini is more popular than the fourth generation ipad. bullish commentary there on apple. of course, this is one of those stocks, matt was talking about capital gains selling for some people. it was capital gains selling. fueling this decline we've seen in apple from its highs. 700 in september to where we are now, which is 514 and change. let's check with mary thompson. she's in for bob this morning. >> the dow is down 54 points. now just down about 34. the market is expected to move in tandem with any headlines across from washington. right now, we don't have the deal, not really a problem for the markets. of course, that could change as we head toward the close and the uncertainty builds. quick check of the european boards today. most of them were closed. those who did trade, i should say, were only traded a half day. the session there was mixed. the concerns over there continue to be will the u.s. go over the fiscal cliff. that kept pressure on some of the indices there. we're keeping watch on the bank stocks right now. we've seen a d
brian white has been told by contacts that the mini is more popular than the fourth generation ipad. bullish commentary there on apple. of course, this is one of those stocks, matt was talking about capital gains selling for some people. it was capital gains selling. fueling this decline we've seen in apple from its highs. 700 in september to where we are now, which is 514 and change. let's check with mary thompson. she's in for bob this morning. >> the dow is down 54 points. now just...
143
143
Dec 21, 2012
12/12
by
CNBC
tv
eye 143
favorite 0
quote 0
. >> you have to give back what the opium is to brian solvens. do you start at a couple percent for when people thought there would be a grand bargain, when the grand bargain fell apart last year we took a hit. all i'm saying is, it's not great in washington. but you can't go and sell everything. because it's not great in washington. because it hasn't been great in washington. there was a perception when president obama won fairly big, that it would improve in washington. but the people who were voting on this are beholding to their constituents and have taken a no-tax increase pledge. the president won a lot of votes, and it just doesn't work like that. >> we'll be seat agnew congress in -- we'll be seating a new congress in the new year. the house will be republican, the senate will be democrat, but not the 60 votes to override -- >> but we have to give back some of -- people are buying stocks because they thought there was going to be a deal. they have to rethink that. i mean, a lot of hedge funds are thinking, i'm okay, there's really no news
. >> you have to give back what the opium is to brian solvens. do you start at a couple percent for when people thought there would be a grand bargain, when the grand bargain fell apart last year we took a hit. all i'm saying is, it's not great in washington. but you can't go and sell everything. because it's not great in washington. because it hasn't been great in washington. there was a perception when president obama won fairly big, that it would improve in washington. but the people...
247
247
Dec 11, 2012
12/12
by
CNBC
tv
eye 247
favorite 0
quote 1
then at noon, brian takes up the seats on capitol hill. their lineup kicks off with patrick mchenry from north carolina. i want to bring in my co-anchors back at the new york stock exchange. >> and jim, it's remarkable to watch the markets, at least in today's sessions, all three major averages are higher. dow higher by 91 points, nasdaq helped by the big mood we're seeing in apple today, up by more than 1%. jim, i was talking to edgar denny yesterday on fast, and he said, we have a deal, a fiscal cliff deal, and bob pisani was delivering a talk on the floor. a deal would signal the start of american austerity. what's your take? >> no, we get a deal going, look out above. i think there's lots of ceos i talked to who want so much. they want to bring money back here higher. this is the cheapest place to build and hire people in the world. but they're just not sure exactly how much they're going to have to spend because of the government. that's the impediment. these guys want to built here, insource, energy costs really low. it can happen. i
then at noon, brian takes up the seats on capitol hill. their lineup kicks off with patrick mchenry from north carolina. i want to bring in my co-anchors back at the new york stock exchange. >> and jim, it's remarkable to watch the markets, at least in today's sessions, all three major averages are higher. dow higher by 91 points, nasdaq helped by the big mood we're seeing in apple today, up by more than 1%. jim, i was talking to edgar denny yesterday on fast, and he said, we have a deal,...